Q. What happens to my money if I decide to go into Springdale Retirement Centre?
A. Your money remains your money and you just pay the monthly rate for the room
which you have chosen. If you cannot afford the monthly rate, then a financial
assessment is to be completed to see if you would qualify for a subsidy.
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Q. What is a subsidy? And who qualifies?
A. A subsidy is an amount that the government pays to top up the amount that the senior
cannot afford to pay the home for a room. The current subsidized rate is $1500.00 and
the monthly allowance rate is currently $125.00. If a person has less than $5000.00 in
the bank, and has a monthly income of less than $1625.00, then this person would
qualify for a subsidy. When a person is subsidized the government and the home owner
still has no right to access and bank accounts belonging to this person. All a subsidy
means is that when you move into a Personal care Home you pay your monthly income
of Canada pension, old age security and/or any other monthly incomes and the home
owner gives you back $125.00 per month for a spending allowance. If your savings is
less than $3000.00 you will also recieve a drug card which will pay for most drugs and
your dispensing fees and will also cover out of town transportation to medical
appointments and ambulance fees. It will also cover some medical supplies. If you decide
that you would like to have more deluxe accommodations than what the subsidy offers,
you can pay the extra to have a much larger room or a suite if you like.
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Q. Do I have to sell my home or vehicle if I need a subsidy?
A. No you do not. All of this information will be collected in your financial assessment.
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Q. What happens if I get sick and I need more care than what they offer?
A. If you get sick or need more care than what we normally provide, a reassessment is done
and you are give the choice of which nursing home you would like to be transferred to.
While waiting for the nursing home of your choice, you can remain living in Springdale
Retirement Centre and we will provide the extra care needed until placement.
Why choose Springdale Retirement Centre?
- Family owned and operated.
- Personalized hands on approach to services.
- Over 45 years experience in senior citizens care.
- Broad range of supportive, personal care and services.
- 24 hour staffing and supervision.
- Delicious home cooked meals.
- Daily Activities.
- Affordable Rates.